A number of banks have faced pressure from shareholders to ditch plurality voting, where directors can keep their seats even if they fail to receive majority support from investors.

The Federal Housing Administration's loan sales are drawing more attention after a recent critical report said it was resulting in vulnerable borrowers losing their homes.

CIT Group has embraced a system that mimics a single source of data to help it comply with increased regulatory scrutiny. It could also help the company become more efficient.

TCF Financial in Minnesota has launched a set of products targeting low-income customers. The company, which has closed a fifth of its branches in recent years, hopes underbanked clients will boost traffic at its remaining locations.

Yadkin Financial, a North Carolina community bank, is exploring a sale and working with Sandler O'Neill & Partners to solicit offers, according to people familiar with the matter.

All five directors at Seacoast Banking Corp. of Florida in Stuart were re-elected despite a protest vote from the company's biggest investor.

Citigroup will pay $425 million to resolve U.S. Commodity Futures Trading Commission claims that the bank attempted to manipulate global benchmarks for interest rate products multiple times from 2007 to 2012.

Mackinac Financial in Manistique, Mich., has agreed to buy Niagara Bancorp. in Niagara, Wis.

CenterState in Florida and Union Savings in Connecticut are adding specialists to their retail locations at a time when many other banks are cutting back or have been relying heavily on universal bankers.

RCB Bank in Claremore, Okla., has agreed to buy CornerBank in Winfield, Kan.

The Bancorp in Wilmington, Del., has selected a former Citigroup executive as its next chief executive.

QCR Holdings in Moline, Ill., has agreed to buy Community State Bank in Ankeny, Iowa.

A proxy advisory firm has sided with Financial Institutions in Warsaw, N.Y., in its battle with an activist investor.

LaPorte Bancorp was poring over offers from potential buyers when Raymond James, the company's investment bank, notified LaPorte's board that it was also advising a potential acquirer on a separate deal. LaPorte requested more information before ruling out a potential conflict of interest.

Huntington Bancshares in Columbus, Ohio, is significantly raising the ante in philanthropic and community development investments connected to its planned acquisition of FirstMerit.

The heads of megabanks get paid a lot. Some investors want them to streamline their companies for greater returns. But it's arguable whether those CEOs would want to do so if their counterparts at smaller, better-performing banks get paid less.

HomeStreet in Seattle has raised $65 million from issuing senior debt. The $4.8 billion-asset company said in a press release Friday that the proceeds from the offering with support growth and other general corporate purposes.

Flagship Community Bank in Florida is facing pressure from its biggest shareholder to sell itself, either for cash or stock in a publicly held buyer. Management, however, believes the bank will fetch a better price if given time to improve profitability.

Scale is the goal of many banks dealing with compliance costs and revenue constraints. Success requires investing in management and systems without sacrificing culture.

National Commerce in Birmingham, Ala., has issued $25 million in subordinated debt.